BS BFSI Summit: MDR necessary to drive growth in digital payments

BS BFSI Summit: MDR necessary to drive growth in digital payments

The merchant discount rate (MDR), which has been the most debated aspect in Unified Payments Interface (UPI), continued to get divided opinion from industry players at the Business Standard BFSI Insight Summit.  There is a need for an MDR for larger merchants along with a zero per cent MDR for small and medium [...]